Blockchain Technology
Blockchain Technology
Blockchain is an emerging field that is steadily revolutionizing the technology landscape. This Distributed Ledger Technology is globally considered as a secure method of storing and updating a database, within and between entities. Blockchain Technology (BT)’s reported use cases are abound in areas, as diverse as, banking and financial services, smart contracts, voting, legal records, health records, internet identity and DNS, accounting, sharing economy, social media, publishing, critical infrastructure, crowd-funding, human resource, energy supply, supply chain management, insurance, stock market, cloud computing, and so on. As bitcoins and altcoins continue to grow and mature, BT’s real value addition is gradually drawing the attention of the thought leaders and policy analysts. Today, such policy experts, academicians, and industry players have begun to evaluate BT’s contributions in the overall development of India.